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Technology Stocks : Newport Corp.NEWP...lasers..semi..mfg...equipment..
NEWP 2.175+3.6%Oct 29 3:59 PM EDT

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To: ET who started this subject6/21/2001 11:23:36 PM
From: techanalyst1  Read Replies (1) of 174
 
Well... I see Robby Stevens got around to downgrading Newp now that it's at less than 2.5 times sales and a pe of around 20, trading for three times cash. Gee... the FO and semi industry are in bad shape? They didn't notice any of that when they initiated it at a buy at 80? Not quite as bad as the analyst that loved affx at $50 days before they warned I guess.

TA
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